Legislation
SECTION 82
Corporations organized under the business corporation law; election to be governed as worker cooperative
Cooperative Corporations (CCO) CHAPTER 77, ARTICLE 5-A
§ 82. Corporations organized under the business corporation law;
election to be governed as worker cooperative. Any corporation organized
under the business corporation law may elect to be governed as a worker
cooperative under the provisions of this article, by so stating in its
certificate of incorporation filed in accordance with article four of
the business corporation law or amendments to its certificate of
incorporation filed in accordance with article eight of the business
corporation law.
election to be governed as worker cooperative. Any corporation organized
under the business corporation law may elect to be governed as a worker
cooperative under the provisions of this article, by so stating in its
certificate of incorporation filed in accordance with article four of
the business corporation law or amendments to its certificate of
incorporation filed in accordance with article eight of the business
corporation law.